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Business

2057 posts
  • Business

OpenAI in talks on share sale that would price it above Elon Musk’s SpaceX | OpenAI

  • August 6, 2025
  • Roubens Andy King
OpenAI in talks on share sale that would price it above Elon Musk’s SpaceX | OpenAI
OpenAI is reportedly in early talks about a sale of shares held by current and former employees that would value it at half a trillion dollars, overtaking Elon Musk’s SpaceX.…
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Morgan Stanley Boosts Meta Target to 0—Here’s Why
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  • Business

Morgan Stanley Boosts Meta Target to $850—Here’s Why

  • August 6, 2025
  • Roubens Andy King
Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks Making Waves on Wall Street.  On July 31, Morgan Stanley analyst Brian Nowak raised the price target on the stock to $850.00…
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Hiltzik: Appeasement never works – Los Angeles Times
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  • Business

Hiltzik: Appeasement never works – Los Angeles Times

  • August 6, 2025
  • Roubens Andy King
Like ancient oaks uprooted by tornadoes, some of America’s richest and most powerful institutions have been capitulating to Donald Trump. Law firms, universities, even Supreme Court justices have surrendered to…
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Trump talking to Zelenskyy hours after Putin-Witkoff meeting – Europe live | Europe
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  • Business

Trump talking to Zelenskyy hours after Putin-Witkoff meeting – Europe live | Europe

  • August 6, 2025
  • Roubens Andy King
US Trump talking to Ukraine's Zelenskyy hours after Putin-Witkoff meeting Both Axios and Reuters are reporting that US president Donald Trump is now speaking with the Ukrainian president, Volodymyr Zelenskyy.…
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Ecuador court rejects final legal challenge against Silvercorp’s El Domo project
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  • Business

Ecuador court rejects final legal challenge against Silvercorp’s El Domo project

  • August 6, 2025
  • Roubens Andy King
The Ecuador Constitutional Court has unanimously rejected the final legal challenge against the environmental licence for Silvercorp Metals’ El Domo mining project. The El Domo project sets a precedent in…
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Major clean power plant serving L.A. goes fully online in Kern County
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  • Business

Major clean power plant serving L.A. goes fully online in Kern County

  • August 6, 2025
  • Roubens Andy King
MOJAVE, Calif. — One of the largest solar and battery power plants in the United States is now supplying Los Angeles and Glendale from Kern County. Local leaders and clean energy experts…
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Shares in European drug companies at three-month low as Trump tariffs loom | Pharmaceuticals industry
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  • Business

Shares in European drug companies at three-month low as Trump tariffs loom | Pharmaceuticals industry

  • August 6, 2025
  • Roubens Andy King
Shares in European pharmaceutical companies have sunk to a three-month low, after Donald Trump repeated his threats to introduce tariffs on drug imports “within the next week or so”. Europe’s…
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Tarrif uncertainty hinders US competitiveness
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  • Business

Tarrif uncertainty hinders US competitiveness

  • August 6, 2025
  • Roubens Andy King
The survey, which included participants from manufacturing and technologies among others, provides a comprehensive look at how tariffs are influencing supply chains and investment decisions. According to the survey's findings,…
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Disney’s streaming business keeps growing, despite theatrical losses
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  • Business

Disney’s streaming business keeps growing, despite theatrical losses

  • August 6, 2025
  • Roubens Andy King
Continued growth in streaming subscriptions and strong domestic tourism to its theme parks propelled Walt Disney Co.’s fiscal third quarter earnings, even as its theatrical results dipped, the company said…
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Rates should stay flat this summer
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  • Business

Rates should stay flat this summer

  • August 6, 2025
  • Roubens Andy King
Mortgage interest rates today saw very little movement. According to Zillow, the average 30-year fixed mortgage rate rose five basis points to 6.51%. Meanwhile, the 15-year rate stayed flat at…
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